S3047 — Repeals section 3 of article 16 relating to the taxation of moneys, credits, securities and other intangible personal property in the state that is not employed in carrying on any business therein

S3047 — Repeals section 3 of article 16 relating to the taxation of moneys, credits, securities and other intangible personal property in the state that is not employed in carrying on any business therein · Informed CitizenryThis concurrent resolution proposes to repeal section 3 of article 16 of the New York State Constitution. This section currently prohibits the taxation of moneys, credits, securities, and other int…Open in Informed Citizenry